Page 22 - Confluent Cloud News Today

Confluent (NASDAQ:CFLT – Get Rating) updated its second quarter 2023 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -$0.08–$0.06 for the period, compared to the consensus estimate of -$0.10. The company issued revenue guidance of $181.00 million-$183.00 million, compared to the consensus revenue estimate of $181.40 million. Confluent also updated […]

Confluent, Inc. (NASDAQ:CFLT – Get Rating) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 15,260,000 shares, a decline of 8.9% from the March 31st total of 16,760,000 shares. Approximately 9.2% of the company’s stock are sold short. Based on […]

Confluent, Inc. (NASDAQ:CFLT – Get Rating) gapped down before the market opened on Friday . The stock had previously closed at $23.02, but opened at $22.11. Confluent shares last traded at $21.94, with a volume of 740,855 shares changing hands. Analyst Ratings Changes CFLT has been the subject of a number of analyst reports. Piper […]

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Mach 1 Financial Group LLC purchased a new stake in Confluent, Inc. (NASDAQ:CFLT – Get Rating) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,361 shares of the company’s stock, valued at approximately $586,000. Several other hedge funds also recently added to […]

Shares of Confluent, Inc. (NASDAQ:CFLT – Get Rating) dropped 5.8% during mid-day trading on Thursday . The stock traded as low as $23.41 and last traded at $23.56. Approximately 1,346,947 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 3,528,126 shares. The stock had previously closed at $25.00. […]

Confluent, Inc. (NASDAQ:CFLT – Get Rating) has received a consensus rating of “Moderate Buy” from the nineteen analysts that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month target price among brokerages […]

Morgan Stanley upgraded shares of Confluent (NASDAQ:CFLT – Get Rating) from an equal weight rating to an overweight rating in a research note published on Wednesday, MarketBeat reports. They currently have $30.00 price target on the stock, up from their prior price target of $29.00. A number of other brokerages have also weighed in on […]

Confluent (NASDAQ:CFLT – Get Rating) was upgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Wednesday, Marketbeat.com reports. The firm presently has a $30.00 target price on the stock, up from their prior target price of $29.00. Morgan Stanley’s target price would suggest […]

Source Financial Advisors LLC grew its holdings in Confluent, Inc. (NASDAQ:CFLT – Get Rating) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 327,735 shares of the company’s stock after acquiring an additional 21,792 shares during the period. Confluent comprises 2.7% of […]